Category: Exploration and Development

Drilling Under Way at Alacrán

Azure’s Managing Director, Tony Rovira, stated: “In the six months we have been involved with Alacrán, great progress has been made in advancing the project. Our exploration has focused on areas of historical mining but where no modern exploration has been undertaken, and we’ve identified numerous high quality targets.”

Primero Reports a Fatal Accident at its San Dimas Mine

“We are deeply troubled by the loss of Juan Jesús Torres Jiménez, a young underground miner at our San Dimasmine,” said Joseph F. Conway, Chief Executive Officer. “Our thoughts and prayers go with his family and friends through this incredibly difficult time.”

Defiance Commences Drilling at San Acacio Silver Deposit

Defiance Silver Corp is pleased to announce the start of a 1,500m drill program on the San Acacio silver deposit in the historic Zacatecas Silver District in Mexico. The drill program is focused on expanding the current resource of 17.9 million oz AgEq contained in 2.902 mt grading 192.5 g/t AgEq. Drilling will build upon the recent discovery of significant silver and base metal mineralization below the limits of the current resource. The focus continues to be on the lowest risk/highest reward portion of the exploration potential at San Acacio by drilling along the 1.0 kilometer of old workings. Mineralization is open both to depth and along strike.

Cyprium Mining to Acquire Controlling Joint Venture Interest in the Historic Potosi Silver Mine in Mexico

Cyprium Mining Corporation is pleased to announce that it has entered into a letter of intent with Minerales Nacionales de Mexico SA de CV, Minera Potosi Silver S de RL de CV and Daniel Valenzuela, pursuant to which Cyprium and the Potosi Partners have agreed to form a twenty year joint venture for the exploitation and exploration of the Potosi silver mine located in the historic silver rich mining district of Santa Eulalia in Mexico.

Calissio Resources Completes Sale of the San Pedro Copper Mine in Mexico for USD$14.6 Million

Calissio Resources Group, Inc. announced today that the Company entered in to an agreement with Milagros Del Cobre Mineria S.A. de C.V. whereby Calissio Resources Group, Inc. sold 100% of its interest in San Pedro Mine. The total purchase price of USD$14,600,000 will be paid by the assumption of debt and in shares of stock of Milagros Del Cobre Mineria S.A. de C.V. and USD$7,360,000 in cash to be paid no later than February 22, 2016…

IMPACT Silver Provides Update on New Capire Mineral Resource Study And Starts Next Phase of Drilling on San Ramon Deeps

In follow up to the news release dated January 22, 2015, IMPACT has contracted an independent consultant to write a new NI 43-101 compliant report on mineral resources in the Capire Zone. This report will include an additional 25,000 meters of drilling carried out at Capire since completion of the original 2011 open pit mine plan. To date work on the revised geological model and updated extensive database has been completed for the new report, and quality control and geostatistical study of the data is now underway…

Jornada Mundial contra la Megaminería Tóxica

El Día Mundial contra la Megaminería Tóxica (22 de julio) se consolida como punto de encuentro para los movimientos sociales y grupos que defienden el territorio y se oponen al avance del actual modelo extractivista minero. En este, su séptimo año consecutivo, las manifestaciones han alcanzado el ámbito de 15 naciones en América, Europa y Asia, dejando constancia de una incipiente resistencia planetaria que se fortalece en sus capacidades para difundir las atrocidades de la megaminería y sus irracionales agentes…

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